oh please Mr pumper, its only worth that if you could magically...

  1. 1,138 Posts.
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    oh please Mr pumper, its only worth that if you could magically get the gold out of the ground without paying for staff, machinery, plant etc.. for 427K ounces, they may get A$200M profit at best, and that would probably be over 5-10 years given how small the deposit is hence the plant would need to be small also. In the meantime, good luck getting a few hundred million for development. Who is going to fund that, CR or loan at 5-10% interest p.a?
 
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